Targa Resources Corp. Annual Return On Equity in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Targa Resources Corp. quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Targa Resources Corp. Return On Equity for the quarter ending September 30, 2024 was 28 %, a 5.97% decline year-over-year.
  • Targa Resources Corp. annual Return On Equity for 2023 was 30 %, a 13.8% increase from 2022.
  • Targa Resources Corp. annual Return On Equity for 2022 was 26.4 %, a 1891% increase from 2021.
  • Targa Resources Corp. annual Return On Equity for 2021 was 1.32 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 30 +3.64 +13.8% Jan 1, 2023 Dec 31, 2023
2022 26.4 +25.1 +1891% Jan 1, 2022 Dec 31, 2022
2021 1.32 +26.4 Jan 1, 2021 Dec 31, 2021
2020 -25.1 -22.6 -906% Jan 1, 2020 Dec 31, 2020
2019 -2.49 -2.52 -11401% Jan 1, 2019 Dec 31, 2019
2018 0.02 -0.8 -97.8% Jan 1, 2018 Dec 31, 2018
2017 0.82 +4.03 Jan 1, 2017 Dec 31, 2017
2016 -3.21 -4.13 -452% Jan 1, 2016 Dec 31, 2016
2015 0.91 -3.47 -79.1% Jan 1, 2015 Dec 31, 2015
2014 4.39 +1.03 +30.7% Jan 1, 2014 Dec 31, 2014
2013 3.36 +0.88 +35.5% Jan 1, 2013 Dec 31, 2013
2012 2.48 +0.14 +5.98% Jan 1, 2012 Dec 31, 2012
2011 2.34 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.